OTCPK:MEAOD - Post by User
Post by
whattifon Jun 19, 2015 4:53pm
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Post# 23850492
New Mining Journal review of Metanor Resources
New Mining Journal review of Metanor ResourcesNew Mining Journal review of Metanor Resources https://miningmarketwatch.net/mto.htm for those not up to speed on the story.
The mill presents increasing opportunity in the gold-rich district -- lots of room to use other rock at mill from other sources, or work something meaningful. Main driver (besides increasing likelihood of acquisition (maybe by whomever might be holding MTO down)), in Metanor's control, is improved grades and grade control underway. Higher gold price helps too. Important factor is their head is above water, they are holding their own well enough, debts in check, and asset values are appealing here.